Shanghai Gold futures.
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Shanghai Gold futures are based on the regional gold benchmark price from the Shanghai Gold Exchange (SGE).
Presents choices in selecting the USD or CNH denomination that best meets your needs
Provides access to arbitrage with 100 oz. COMEX Gold Futures
Captures margin offset benefits between COMEX 100 oz. Gold Futures (GC) and other CME Group products
Uses the Shanghai Gold Benchmark PM price (15:00 China Standard Time) for final settlement
Contract Title |
Shanghai Gold (USD) Futures |
Shanghai Gold (CNH) Futures |
|---|---|---|
Commodity Code |
SGU | View all specs |
SGC | View all specs |
Reference Price |
Shanghai Gold Exchange (SGE) Gold Benchmark PM price |
Shanghai Gold Exchange (SGE) Gold Benchmark PM price |
Listing Schedule |
Monthly contracts listed for three consecutive months and all February, April, June, August, October, and December contracts within a 12-month period |
Monthly contracts listed for three consecutive months and all February, April, June, August, October, and December contracts within a 12-month period |
Venue |
CME Globex; CME ClearPort |
CME Globex; CME ClearPort |
Contract Size |
32.15 troy ounces |
1,000 grams |
Price Quotation |
U.S. dollars and cents (USD) per troy ounce |
Offshore Chinese Renminbi (CNH) per gram |
Minimum Trading Price Fluctuation |
$0.10 per troy ounce |
0.05 CNH per gram |
Settlement Method |
Financial |
Financial |
Bloomberg Ticker (Outright Futures) |
SHEA Comdty | SHIA Comdty |
Bloomberg Ticker (Spreads) |
SHESHE Comdty | SHISHI Comdty |
China is one of the largest producers and importers of gold, creating an important role for Shanghai as a physical trading hub for the Asian gold market. The Shanghai Gold Price is the renminbi Gold benchmark, generated by spot auctions held at SGE.
As this regional benchmark starts to attract more interest from investors around the world, the new Shanghai benchmark-based futures contracts serve a unique need in the markets, available via CME Group’s COMEX exchange.
SGE benchmark price page
View the current price of Shanghai gold
SGE FAQ - English
Get answers to frequently asked questions about this product in English.
SGE factcard - English
Get an overview of SGE futures at CME Group, including trading details.
SGE FAQ - Chinese
Get answers to frequently asked questions about this product in Chinese.
SGE factcard - Chinese
Get an overview of SGE futures, in Chinese, including trading details.
SGE T+N contracts
View data for the new Shanghai Gold Exchange T+N contracts.
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The ever-shifting Shanghai gold market landscape
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Managing Currency Exposure for Shanghai Gold Futures
This article looks at how you can manage your currency exposure for COMEX Shanghai Gold futures by using USD/CNH contracts at CME.
The Global Footprint of the Chinese Gold Market
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